Cayman Islands vs Latin America & the Caribbean (IDA & IBRD countries): Charges for the use of intellectual property, payments (BoP, current)

Cayman Islands
0.013 BoP, current US$ per US$ of GDP
in 2024
Latin America & the Caribbean (IDA & IBRD countries)
0.004 BoP, current US$ per US$ of GDP
in 2025
Cayman Islands rank
10th
Latin America & the Caribbean (IDA & IBRD countries) rank
13th

Charges for the use of intellectual property, payments (BoP, current) over time

  • Cayman Islands
  • Latin America & the Caribbean (IDA & IBRD countries)
00.0050.010.015196819962025

How they compare

Cayman Islands currently reports 0.013 BoP, current US$ per US$ of GDP against 0.004 BoP, current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.009 BoP, current US$ per US$ of GDP.

That makes Cayman Islands's figure about 3.2 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 9 years both countries report, Cayman Islands has been ahead every year.

Cayman Islands ranks 10th and Latin America & the Caribbean (IDA & IBRD countries) ranks 13th of 170 countries.

Cayman Islands has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Cayman Islands Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
2010s 0.0139 BoP, current US$ per US$ of GDP 0.0034 BoP, current US$ per US$ of GDP 0.0106 BoP, current US$ per US$ of GDP Cayman Islands
2020s 0.0148 BoP, current US$ per US$ of GDP 0.0034 BoP, current US$ per US$ of GDP 0.0114 BoP, current US$ per US$ of GDP Cayman Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher charges for the use of intellectual property, payments (bop, current), Cayman Islands or Latin America & the Caribbean (IDA & IBRD countries)?
Cayman Islands, at 0.013 BoP, current US$ per US$ of GDP against 0.004 BoP, current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
What is the difference in charges for the use of intellectual property, payments (bop, current) between Cayman Islands and Latin America & the Caribbean (IDA & IBRD countries)?
0.009 BoP, current US$ per US$ of GDP, with Cayman Islands ahead.
How many years of comparable data are there for Cayman Islands and Latin America & the Caribbean (IDA & IBRD countries)?
9 years are reported by both, from 2016 to 2024.
How do Cayman Islands and Latin America & the Caribbean (IDA & IBRD countries) rank globally for charges for the use of intellectual property, payments (bop, current)?
Cayman Islands ranks 10th and Latin America & the Caribbean (IDA & IBRD countries) ranks 13th of 170 countries.
Where does this data come from?
Statizoid (derived), published as Charges for the use of intellectual property, payments (BoP, current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cayman Islands vs Latin America & the Caribbean (IDA & IBRD countries): Charges for the use of intellectual property, payments (BoP, current). Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/charges-for-the-use-of-intellectual-property-payments-bop-current-us-per-unit-of-gdp/cayman-islands/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Charges for the use of intellectual property, payments (BoP, current US$), per unit of GDP
Unit
BoP, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
217 places, 7,741 data points, 1960–2025
Last refreshed

Charges for the use of intellectual property, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.